Megaworld (PHS:MEG) LT-Debt-to-Total-Asset : 0.19 (As of Mar. 2024)

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What is Megaworld LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Megaworld's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.19.

Megaworld's long-term debt to total assets ratio increased from Mar. 2023 (0.14) to Mar. 2024 (0.19). It may suggest that Megaworld is progressively becoming more dependent on debt to grow their business.

Megaworld LT-Debt-to-Total-Asset Historical Data

The historical data trend for Megaworld's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Megaworld LT-Debt-to-Total-Asset Chart

Megaworld Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.18

0.17

0.21

0.17

Megaworld Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.14	0.17	0.16	0.17	0.19

Megaworld LT-Debt-to-Total-Asset Calculation

Megaworld's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	74724.857	/	440572.718
	=	0.17

Megaworld's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	85489.107	/	457629.211
	=	0.19

Megaworld (PHS:MEG) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Megaworld LT-Debt-to-Total-Asset Related Terms

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Megaworld (PHS:MEG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Megaworld Corp (PHS:MEG) » Definitions » LT-Debt-to-Total-Asset

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MGAWY:USA

Address

36th Street Cor. 11th Avenue, 25th Floor, Alliance Global Tower, Uptown Bonifacio, Metro Manila, Taguig, PHL, 1634

Website

https://www.megaworldcorp.com

Megaworld Corp is a general real estate company. The company's core business is property development. The company is focused on large-scale residential and office developments including urban centers integrating office, residential, and commercial components. Megaworld is a holding company that also engages in hotel and leisure operations. The company's operations are focused in the Philippines.